“In the fall of 2017, when we celebrate the 100th birthday of the NHL, we will do so as a League of 31 teams,” NHL Commissioner Gary Bettman said. “We are pleased to welcome Bill Foley and the city of Las Vegas to the League and are truly excited that an NHL franchise will be the first major professional sports team in this vibrant, growing, global destination city."
Ironically the city just finished the brand new $375 million T-Mobile Arena which opened earlier this year. Also it's been reported that the Oakland Raiders are now considering the move to Vegas as well.
The new hockey franchise will play in the Pacific Division and have the same draft lottery odds as the team finishing with the third-fewest points during the 2016-17 season. They are guaranteed to pick no lower than sixth in next year's draft.